Four months after unceremoniously firing Carol Bartz, the Yahoo board has finally picked a new CEO. Scott Thompson, who is the president of PayPal â€“ a division of eBay, will be leading the struggling internet giant from next Monday.

While Yahoo’s former Chief Executive Carol Bartz who didn’t really deserve the post and had to be ousted, there are a lot of speculations that are cooking up all over the web. A U.S. based business/internet news blog Business Insider noted a rumor that Yahoo’s co-founder and one-time CEO is planning to buy the company – most probably by acquiring 50 percent of the shares, and take control over it, again.

Carol Bartz was removed from the Chief Executive post by the Yahoo Board of Directors after 2 years of holding it. They have now appointed Timothy Morse for the post until a permanent CEO is appointed.

The Bing Webmaster team has announced the integration of Yahoo traffic data into Bing Webmaster Tools reports. Bing Webmaster Tools will now be showing integrated data from Yahoo within certain areas and reports.

As part of the Yahoo! and Microsoft Search Alliance, from August 3, Yahoo! search results in Europe will be powered by Bing. Yahoo! will be migrating organic search results for its European properties to the Bing search index.

Back in April 2011, we had posted an article about the new features in Yahoo Mail Beta. Though Yahoo Mail has improved a lot, it has also added a little bit of annoyance by making the preview pane hard to find.